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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Loans, including fees $ 211,343 $ 216,554
Investment securities available for sale 15,257 10,732
Trading account assets 161 154
Mortgage loans held for sale 402 1,706
Federal Reserve Bank balances 527 780
Other earning assets 692 465
Total interest income 228,382 230,391
Interest expense:    
Deposits 14,221 16,716
Federal funds purchased and securities sold under repurchase agreements 77 91
Long-term debt 13,570 13,770
Total interest expense 27,868 30,577
Net interest income 200,514 199,814
Provision for loan losses 9,511 35,696
Net interest income after provision for loan losses 191,003 164,118
Non-interest income:    
Service charges on deposit accounts 19,214 19,521
Fiduciary and asset management fees 11,033 10,971
Brokerage revenue 6,213 7,594
Mortgage banking income 3,511 6,917
Bankcard fees 7,518 7,064
Investment securities gains, net 1,331 45
Other fee income 4,863 5,487
Decrease in fair value of private equity investments, net (250) (257)
Gain on sale of Memphis branches, net 5,789 0
Other non-interest income 10,960 7,379
Total non-interest income 70,182 64,721
Non-interest expense:    
Salaries and other personnel expense 93,445 93,917
Net occupancy and equipment expense 26,056 24,167
Third-party services 10,097 9,929
FDIC insurance and other regulatory fees 9,719 8,480
Professional fees 7,677 7,095
Foreclosed real estate expense, net 5,681 10,940
Losses on other loans held for sale, net 2,266 165
Visa Indemnification charge 396 37
Restructuring charges 8,577 4,850
Other operating expenses 20,247 22,706
Total non-interest expense 184,161 182,286
Income before income taxes 77,024 46,553
Income tax expense 28,608 16,979
Net income 48,416 29,574
Dividends and accretion of discount on preferred stock 2,559 14,776
Net income available to common shareholders $ 45,857 $ 14,798
Net income per common share, basic $ 0.05 $ 0.02
Net income per common share, diluted $ 0.05 $ 0.02
Weighted average common shares outstanding, basic 972,522 787,043
Weighted average common shares outstanding, diluted 976,527 910,835